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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 481.72

+0.2%

3:59 PM EST

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To: Susan G who wrote (17585)	5/15/2002 11:43:10 PM
From: janski	Read Replies (1) of 26752

Susan, Thank you for pointing out the importance of the 20 EMA. The QQQ's settled right under it at 4:15. I can also see a H/S pattern on all indexes in all short time frames. If we just drift lower tomorrow they could develop into a larger 3 day pattern resting on the daily 20EMA and possibly setting up a gap down Friday to fill the last gap and the some. Donald Sew did have intraday Class Sells on NDX, I believe. Of course, we have tomorrow first.. who knows what happens.

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